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Forma.ai

Forma.ai

Private
TorontoEnterprise Softwarehttps://www.forma.ai/

Last Round

Series B

May 17, 2022

Total Funding Raised

$58M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Forma.ai is a business software company that provides an artificial intelligence-driven sales performance management platform to help organizations design, implement, and optimize their sales compensation strategies.

Sector

Enterprise Software

Verticals

Sales Enablement, Workflow Automation, Data Integration, HR

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

sales compensationsales performance managementSPMincentive compensationsales commission softwareICMincentive compensation managementsales operationsterritory managementsales data integrationpredictive sales analyticsquota managementsales comp automationSaaS sales toolsenterprise sales software

Historical Pricing

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Caplight Momentum Score

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Forma.ai Comparables

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Forma.ai comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
CaptivateIQ
87%
Everstage
86%
Performio
83%

Forma.ai Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMay 17, 2022
Series AMar 11, 2021
SeedFeb 1, 2020

Key People

Founding team and executive leadership

Nabeil Alazzam

Founder and CEO

Founding Team

Jesse Lancaster

Chief Technology Officer

Executive Team

Forma.ai Investors

Notable investors and investment history

Forma.ai investors
InvestorRounds
Uncork CapitalSeries B, Series A, Seed
Panache VenturesSeries B, Series A, Seed
Crosslink CapitalSeries B, Series A
GaingelsSeries B
Sherpa CapitalSeries B
XfundSeries B, Series A, Seed
Golden VenturesSeries B, Series A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 28, 2026

    Launched Vincent, a conversational AI interface.

  • Mar 3, 2026

    Referenced Edmentum, Stryker, and Autodesk as customers.

Forma.ai Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Forma.ai Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Forma.ai's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Employee Range185
Year Founded2016
Last FundingMay 17, 2022

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